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Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
 COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials said, said Reuters.
"As far as South African coal for India, it is definitely on a growth path. How long and how much is yet to be seen," Arun Maheshwari, senior vice president commercial for Indian firm JSW Steel, told a coal conference in Cape Town, as quoted by Reuters.
The Reuters further reported that, Global oversupply and a drop in coal prices to 7-year lows have hit miners and coal exporting countries hard. Indonesian coal exports fell 50 million tonnes in 2015 due to the market glut and Chinese slowdown. A drop in Indonesian exports to India, which imported around 165 million tonnes of thermal coal in 2015, offers an opportunity for South Africa, analysts said.
South African coal, which is generally of a high calorific value, can now compete better on price with Indonesian coal, in part due to lower freight prices. However, Indian power utilities still prefer for Indonesia’s medium to low calorific value coal to due to lower ash and sulphur content.
Meantime, South India’s cement producers have already switched their procurement to pet coke of U.S origin from high quality thermal coal. The current extremely low sea freights are supporting long-haul cargos at very competitive landed cost for end-users.
One of the Indonesia’s leading low Ash and low Sulphur coal producer and exporter, Adaro Indonesia has shipped 16% of its coal to China & 13% to India in 2015. The miner has produced 51.46 Mt in 2015, 8% lower compared to FY14 output.
The world oil prices are also under pressure due to high output. EIA’s forecast for the average Brent crude oil prices to average $38/b in 2016 and $50/b in 2017. Forecast West Texas Intermediate (WTI) crude oil prices are expected to average the same as Brent in both years.
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Thursday, 10 December 15
FOB RICHARDS BAY COAL Q3' 16 DELIVERY SWAP WAS CLOSED 7.27% PER TON LOWER COMPARED TO AVERAGE Q1' 16 DELIVERY PRICE
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 decline month over month and week over week.
The Q1’ 2016 &nbs ...
Wednesday, 09 December 15
U.S. COAL EXPORTS DECLINE IN 2015 DUE TO SLOWER GROWTH IN WORLD COAL DEMAND AND LOWER INTERNATIONAL COAL PRICES - EIA
COALspot.com: The slower growth in world coal demand and lower international coal prices have contributed to a decline in U.S. coal exports in 2015 ...
Wednesday, 09 December 15
DRY BULK EXPERIENCES THE PERFECT STORM - PANOS TSILINGIRIS
Dry bulk experiences the perfect storm as the slowing of demand predominantly because of China sat atop the exaggerated oversupply. The BDI broke t ...
Tuesday, 08 December 15
OPEC'S DECISION BODES WELL FOR THE TANKER MARKET: STRONG MIDDLE EAST CRUDE EXPORTS WILL CONTINUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
OPEC’s latest decision to keep up oil production is seen by shipbrokers as a further boost for the tanker market. At the end of last year OPE ...
Tuesday, 08 December 15
Q1' 16 API 5 FOB NEWCASTLE COAL SWAP CLOSED AT $ 36.73 A TON; 1.73% HIGHER COMPARED TO Q3' 16 PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $1.47 per ton (3.85%) month over month to US$ 36.73 per ton. The swap ...
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- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Videocon Industries ltd - India
- Simpson Spence & Young - Indonesia
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- Petrochimia International Co. Ltd.- Taiwan
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- The Treasury - Australian Government
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Central Electricity Authority - India
- Parliament of New Zealand
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Sarangani Energy Corporation, Philippines
- Sakthi Sugars Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Madhucon Powers Ltd - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Economic Council, Georgia
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Latin American Coal - Colombia
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Aboitiz Power Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- ICICI Bank Limited - India
- MS Steel International - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Georgia Ports Authority, United States
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Makarim & Taira - Indonesia
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- Siam City Cement PLC, Thailand
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Thiess Contractors Indonesia
- Straits Asia Resources Limited - Singapore
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- GN Power Mariveles Coal Plant, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Orica Mining Services - Indonesia
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Oldendorff Carriers - Singapore
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bhushan Steel Limited - India
- Meralco Power Generation, Philippines
- New Zealand Coal & Carbon
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
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